
Status: Active
1012 Burnett Ave
Waco, TX 76706
10% Drop
$499,000
$450,000
------/mo*
CalculateThis thoughtfully renovated 4-bedroom, 2-bath home is zoned O-2, making it a rare turnkey short-term rental just blocks from the Magnolia Silos. Whether you're catering to game day crowds, Magnolia tourists, or event-goers passing through town, this location is built for consistent occupancy—just minutes from Baylor, I-35, and Waco's bustling downtown district. Inside, the open-concept layout is both inviting and functional. The living and kitchen areas flow seamlessly, with design details that balance original charm and modern upgrades. Refinished hardwood floors and painted shiplap nod to the home’s historic craftsmanship, while new plumbing, roof, HVAC, and tasteful finishes bring it into the present. The kitchen is smartly designed with ample countertop space, under-counter storage, and a bar-height overhang perfect for casual dining. A built-in space for the refrigerator and a custom surround for the range and vent hood elevate the aesthetic while maximizing functionality. The floor plan is versatile and STR-ready—comfortable for larger groups and adaptable to multiple furniture configurations, whether your style leans minimalist or more bold and curated. Each of the four bedrooms is well-positioned to maintain privacy and flow, and both bathrooms have been fully updated with timeless finishes that photograph beautifully and wear well over time. Outside, there’s plenty of off-street paved parking plus additional street parking—ideal for accommodating guests. This one is priced as a potential high-performing income property in a proven location. With all the major updates already done and design that respects both form and function, it’s ready to start earning from day one.
Read more- Bedrooms
- 4
- Baths
- 2
- House Size
- 1,268 sqft
- Year Built
- 1930
- Lot Size
- 0.08 ac
- School District
- Waco ISD
Location
Market Insights
In the last 30 days, homes for sale in 76706, Waco, TX were on the market for a median of 69 days and 18.18% of homes sold above list price.

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Start TourInterior Information
- appliances
- Dishwasher
- Disposal
- Electric Range
- Electric Water Heater
- Microwave
- Vented Exhaust Fan
- cooling
- Ceiling Fan(s)
- Central Air
- Electric
- features
- Built-in Features
- Granite Counters
- High Speed Internet
- flooring
- Tile
- Wood
- heating
- Exhaust Fan
- Central
- laundry features
- Electric Dryer Hookup
- window features
- Window Coverings
Exterior Information
- roof
- Composition
Property Information
- foundation
- Pillar/post/pier
- parking
- Concrete
- Paved
- sewer
- Public Sewer
- subdivision name
- Ross Sub
- utilities
- Cable Available
- water source
- Public

- Listed By Nick Schwedock II
- nick@bramlettpartners.com
- Bramlett Partners
- (512) 850-5717
- mls@bramres.com
- MLS 20921875
Monthly Payments Calculator
Estimated Monthly Cost
$2,946
30 year fixed·6.9% interest rate
- Principal & Interest
- $2,371
- Property Taxes
- $375
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.